Federal Tax Elections and Allocations. The Company shall be treated as a partnership for federal income tax purposes, and no Member shall take any action to alter such treatment.
Appears in 7 contracts
Samples: Limited Liability Company Operating Agreement (Thunder Mountain Gold Inc), Operating Agreement (Golden Phoenix Minerals Inc), Securities Purchase Agreement (American International Ventures Inc /De/)
Federal Tax Elections and Allocations. The Company shall be treated as a partnership for federal income tax purposes, purposes and no Member shall take any action to alter such treatment.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Uranium Energy Corp)
